Ziehl-Abegg, a manufacturer of electric motors and fans, has confirmed its plans to open a new $28m production facility in Vietnam. This move underscores the company's continuous efforts to expand its production capacities and get closer to its global customer base.
The Germany-based company's customers helped by the move include Vietnam's local manufacturers in HVAC, cleanroom, DC, and refrigeration.
The official founding ceremony of the new subsidiary, "Ziehl-Abegg Vietnam," took place on 11th July in Ho Chi Minh City, and the new facility is being built near Ho Chi Minh City with an investment of approximately 25 million euros ($27.7m).
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Due to the ongoing high demand from customers, construction work has already begun. Production at the new facility is scheduled to start in the first half of 2024, with full-scale production set to commence by the end of 2024.
The production site covers a total area of 14,000 sqm, with 12,900 sqm allocated for production and 1,100 sqm for administrative purposes. This expansion follows recent investments in expanding production capacities in Poland and the US, as well as continuous investments in Germany.
"To meet the increasing customer demands, we need to expand our production facilities worldwide and establish new ones to get closer to our customers," says Joachim Ley, Production Director of Ziehl-Abegg. "The new facility in Vietnam is particularly important for the markets in Asia and Australia; it helps us continue to offer our customers the best possible solutions."
Who are Ziehl-Abegg?
Ziehl-Abegg (from Künzelsau, Germany) is one of the leading global companies in the field of ventilation, control and drive technology.
In the 1950s, Ziehl-Abegg established the basis for modern fan drives: external rotor motors which even today are still seen as state-of-the-art worldwide.
Another area of business is electric motors which provide the power, for example, for elevators, medical applications (computer tomography equipment) or deep-sea underwater vehicles.
